Without going back over my old posts, I can't remember if/what I have written about my uncle in regards to his will and comments he's made. I know I have talked about the fact that I really don't think he needs to inherit 30% of my mom's money at his age! (almost 80 now) He had told me a couple years ago that since he's not married and no kids, his will was leaving my mom everything and then to me, if she had already died. Again, we're not talking a large estate, by any means, but he does have a small house and a couple cars, one being a show type car. (and supposedly like $20k or something like that in cash a safe deposit box of money my mom gave him a few years ago?? I don't believe that!)
Then a couple weeks ago he called and asked for a copy of her will. He couldn't find his copy. I don't think he ever got the copy of her will that was updated in 2018. That was how I found out about her will change (and durable power of attorney with my step brother) in late 2019. I was visiting her and found 2 copies of her will, one with his name on the outside of it and one with mine. She apparently meant to give us the copies and forgot. Anyhow, I told him we had just changed her will, here locally, so that I would be the executor and not step brother, so I went ahead and emailed him a copy. I never could figure out why he would need a copy of her will to change his?? He said that he was changing his, that since she was more than well off, she didn't need to inherit from him. Again, I'm thinking to myself, what does her will have to do with his? He made it sound like I would be the beneficiary of his estate then, but I didn't press for more details. It's none of my business, really.
Then he calls me Monday. He's still working on his will with an attorney. He was kind of thinking...since I'm going to inherit a bunch of money from my mom, I really don't need to inherit from him, too...he was thinking of leaving it to my 2 kids, but he also mentioned " and all my other (great) nieces and nephews - most of which I've never met". What was I supposed to say to that? Like I'm going to say no, I don't think that's a good idea?! LOL. I just said you do whatever works for you. Like I've said to my mom for years, it's her money. Her decision. He said "well, I don't know if it just seems weird that I'd leave you out? I'm still thinking on it".
So, yesterday morning, after I thought on it some this is the conclusion I came to. If my mom dies first and he inherits 30% of her money, then that (unless he spends it all) is most likely going to be the majority of the money in his estate, when he dies. I was kind of ok with him getting her 30%, as then eventually some of it would just end up back to me, from his will (but more than likely the state will end up with it as he will most likely be in nursing care/medicare by then and they will take any inheritance he might get). But, lets say for some reason he does have quite a bit of it left, when he dies. So, these nieces and nephews (and maybe their kids?) get all his money, that was really my mom's money? haha! Again, another reason I really don't think she needs to leave him 30%! I'd much rather see my step siblings get that money then distant cousins. That money should stay in my parents immediate family, is my feeling.
So, kind of made the decision I've been struggling with, easier, to have my mom change him down to 10% on her beneficiary form with her retirement account and pass that 20% back to my step siblings. It was, after all, largely because of their dad, she has this much money. He made good money in his career and invested well. But, my mom also SAVED it all extremely well.
Then my uncle texts me the next morning: I don't know what I was thinking. You will be in my will. I don't know what I was thinking. I replied: No worries. Like I said and have said to mom over the years. Your money. Your decision. But thank you!
So, when it happens who really knows what it will be, LOL. I'm just not really keen on potentially a whole lot of my mom's money getting passed to relatives who he doesn't even see or talk to. His (and my mom's) deceased brother's 4 kids (my cousins) don't ever contact him. How does he know some of them aren't in the same position as me - set to inherit a bunch of money from their mom (divorced from my deceased uncle) or their spouses parents. I don't really even feel my uncle deserves any of my parents money, let alone it then getting passed on to cousins. Most people leave their estate to their child(ren), not to siblings or grandchildren. My mom's estate should go to her child(ren). I can understand someone super rich, doing that, but we're not talking uber rich here.
If my uncle wants to leave HIS estate to my cousins and not me, that's a-ok with me, but not if it's a result of all my mom's money.